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Losses United Kingdom

Asbestos could hit UK insurers’ profitability

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RATING agency Moody’s has warned that the report last week from the UK Asbestos Working Party, which roughly doubled the estimated cost of mesothelioma-related claims between now and 2040 could have a near-immediate impact on the profitability of some UK-based insurers.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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